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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: LOGAN12 who wrote (2030)	3/12/1999 12:21:00 AM
From: gauguin	Respond to of 4298

T has a lot on its plate right now, integrating TCI/Time Warner, providing a seemingly seamless facing to the market with all the legacy systems issues and moving at the "Armstrong pace" which is a sea change from the past. This behemoth, Armstrong's prowess notwithstanding, cannot turn on a dime...but boy is he trying to whip a culture change into action fast. This is a competitive necessity, because their brand name/global reach/network is not as flexible as some of their younger competitors and the sheer scale of what they have to build and migrate to is non-trivial, to say the least. Message: Give Armstrong 2-3 years to begin integrating and realizing the value of the majorly aggressive and strategically sound (albeit financially risky in terms of ROI and technology) investments he has made in his first year. FWIW, IMHO. Regards, Barbara

To: LOGAN12 who wrote (2030)	3/12/1999 12:54:00 AM
From: Anonymous	Read Replies (1) \| Respond to of 4298

"What is up with T? Nothing for weeks..." Back on Thursday, January 7, T closed at 82 1/4. The following day they announced that they would be splitting 3 for 2 sometime in the future...no definite date was given. That announcement was enough to create some interest in the stock and by Wednesday, February 3, roughly 17 trading days later the stock peaked and closed at 95. It is now 25 trading days since the peak and T is back where it was before the announcement of the impending split. Armstrong needs to make another announcement of some sort or another to get things rolling again. T did not participate in the DOW rally going on since last Friday except to fall a little further (or is that farther?) Anonymous